by Prem Raja | Mar 30, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week was fairly calm on the currency front, despite notable events such as the UK Spring Statement. While the Statement itself didn’t create immediate volatility, it has set the stage for a challenging outlook ahead. Growth forecasts for 2025 have been revised...
by Prem Raja | Mar 23, 2025 | EU, EUR, FX, GBP, USD
Last week was relatively steady for Sterling exchange rates, with the Bank of England’s latest meeting delivering no surprises. As widely expected, the BoE kept rates unchanged at 4.50%, reflecting caution due to inflationary pressures that are expected to...
by Prem Raja | Mar 16, 2025 | EU, EUR, FX, GBP, USD
Another week, another rollercoaster for the markets, driven yet again by Trump’s unpredictable trade policies and the continued fallout from geopolitical uncertainty. If you were hoping for some stability—think again. The U.S. administration has been throwing tariffs...
by Prem Raja | Mar 8, 2025 | EU, EUR, FX, GBP, GDP, USD
The first week of March saw continued weakness in the U.S. Dollar, driven largely by ongoing uncertainty surrounding tariffs and the geopolitical situation in Ukraine. The tariff debate is unlikely to reach a resolution anytime soon, meaning market volatility linked...
by Prem Raja | Mar 2, 2025 | EU, EUR, FX, GBP, USD
Last Week’s Market Movements Last week brought significant volatility to the currency markets, particularly for Sterling and US Dollar pairs. We observed GBP/EUR rising to 1.2120, GBP/USD climbing to 1.27, and EUR/USD initially reaching 1.05 before retreating to...
by Prem Raja | Feb 23, 2025 | EU, EUR, FX, GBP, USD
Last week was a positive one for Sterling, with stronger-than-expected employment figures, higher inflation (which pushes back expectations of interest rate cuts), and strong retail sales data. Since much of this wasn’t fully priced into the market, Sterling...
by Prem Raja | Feb 16, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week proved to be supportive for Sterling, with an unexpected upside surprise in UK GDP data, showing that the economy grew rather than contracted in the last quarter. This positive momentum, coupled with uncertainty in U.S. markets, helped Sterling strengthen...
by Prem Raja | Feb 9, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week was a volatile yet relatively predictable one, with markets digesting further tariff announcements from President Trump and the Bank of England’s 25bps interest rate cut. Despite these developments, Sterling ended the week largely unchanged at 1.24 against...
by Prem Raja | Feb 1, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week was relatively uneventful, with no surprises from the Fed, ECB, or Bank of Canada. But just as markets were settling into a steady rhythm, President Trump shook things up on Friday evening with new tariffs—25% on imports from Canada and Mexico and 10% on...
by Prem Raja | Jan 26, 2025 | EU, EUR, FX, GBP, GDP, USD
Last week, we saw the “Trump Trade” unwind as the Dollar softened on speculation that President Trump’s tariff policies may not be as aggressive as initially feared. This shift led to a 2% rise in both GBPUSD and EURUSD, bringing some welcome relief to...
